Press Release

July 5, 2019 Press Release

Response by The Bureau of Public Enterprises (BPE), to Allegations of Impropriety in The Power Sector Reform and Privatisation Programme, Leveled Against it by Dr. Sam Amadi, Former Chairman Of Nigeria Electricity Regulatory Commission (NERC)

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July 1, 2019 Press Release

FGN Moves To Increase Its Representation On The Boards Of Discos

In furtherance of the move of the FGN to increase its representation on the Boards of the Discos, the BPE summoned a meeting of the Shareholders of the Discos on 26th June 2019. The Bureau, at the meeting reiterated the purpose of the reform and privatisation in the Nigerian power sector to address efficiency gaps […]

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June 6, 2019 Press Release

BPE Dissociates Self From Purported PHCN Staff Verification

RE: BPE-Notice To All Disengaged Staff Of Ex-PHCN Staff  Our attention has been drawn to attempts by a group of former staff of the defunct Power Holding Company of Nigeria (PHCN) to link the Bureau to a purported verification exercise for the disengaged staff of the entity  and  they have circulated various   correspondences to […]

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June 6, 2019 Press Release

CSR: Okoh Says Primary School Is Foundation For Education

Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh has stated that the Bureau Commenced intervention at the primary level of the education sector in the country because of its firm belief that that level is the basic foundation for educational pursuit of the children who are the future leaders. Speaking […]

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May 13, 2019 Press Release

Proposed Health Sector Reform Aimed At Improving Availability, Accessibility, Quality, Affordability Of Health Services-Okoh

The Minister of Health, Professor Isaac Adewole has said that the proposed Health Sector Reform in Nigeria is aimed at redefining and transforming the health care system in the country through partnerships between the

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May 7, 2019 Press Release

Transcorp Power Consortium, Quest Electricity Win Bids for Afam GenCo, Yola DisCo

Transcorp Power Consortium has emerged the preferred bidder for Afam Power (Afam Power Plc & Afam Three Fast Power Limited) with a bid price of N105.3 billion to beat DiamondStripes Consortium which bid N102. 388 billion. Similarly, Quest Electricity Nigeria Limited emerged the preferred bidder for the Yola Electricity Distribution Company (YEDC) with a bid […]

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April 26, 2019 Press Release

Rejoinder: BPE Has Complied With All Orders, Directives Of The Courts On ALSCON – Okoh

RE: ALSCON: Court Threatens To Jail BPE DG The Bureau’s attention has been drawn to a Premium Times publication of Tuesday, 23rd April, 2019 with the headline: ALSCON: Court threatens to jail BPE DG. Although we believe that the Premium Times publication falls far short of accepted standards of balanced and responsible journalism, we shall refrain from making detailed comments here […]

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April 23, 2019 Press Release

BPE To Restructure the Bank of Agriculture (BOA)

It has become imperative to restructure the Bank of Agriculture (BOA) to substantially improve its operating framework and governance structure with a view to enhancing its efficiency, Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh has declared.  Speaking   at the kick-off meeting for the recapitalisation of the Bank on […]

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April 16, 2019 Press Release

NCP Gives Note To Three Firms For Afam Privatisation

The National Council on Privatisation (NCP) has granted approval to Diamond Stripes Consortium, Transcorp Power Consortium and Unicorn Consortium to proceed to the financial bids opening stage for the acquisition of 100 percent shares in the Afam Electricity Generation Company (Afam Power Plc & Afam Three Fast Power Limited). Rising from its first Meeting for […]

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April 16, 2019 Press Release

BPE Budgeting Structure Set To Be Reviewed To Reflect Cost Of Transactions

The Senate Committee on Privatisation has called for the review of the Bureau of Public Enterprises (BPE) budgeting structure to reflect cost of transactions. The Vice Chairman of the Committee, Senator Yahaya Abdullahi made this known during the BPE’s 2019 budget presentation at the National Assembly, Abuja on Monday, April 1, 2019. He noted that […]

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